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While day-to-day maintenance tasks and insider risk protocols are important for long-term protection from different types of cybersecurity threats, it's important to acknowledge that no solution is 100% effective. No matter how much money a firm is currently investing in cybersecurity, the reality is that it only takes one wrong click for a breach to occur.
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One aspect of law firms that is becoming increasingly of interest to clients — and an area that might offer opportunities for differentiation — is law firm commitment to increasing and sustaining diversity.
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Encryption can play a vital role in securing data, but it needs to be considered within the context of a firm's overall IT security strategy. Whether, when and how to encrypt requires a careful look at what data the firm keeps, and how much protection it needs. This article explains how encryption can be used to guard against the reputational, financial and legal damage a breach of sensitive data can cause to law firms.
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</b><i.What Does It Mean to Me?</b></i><p>While there are many items and complexities to the new rule, this article focuses on the basic premise of why the rule was developed and adopted and the effect on the retirement landscape and the players involved.
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In <i>Matal v. Tam</i>, the trademark case involving the name of the Asian-American rock band The Slants, the SCOTUS held that the portion of §2(a) of the Lanham Act, 15 U.S.C. §1052(a), that prohibits the federal registration of potentially disparaging trademarks and service marks, violated the Free Speech Clause of the First Amendment.
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The Supreme Court as a whole appears aligned and motivated to review critically federal and state asset forfeiture procedures. In addition, Attorney General Sessions last month restored the federal forfeiture of property seized by state and local law enforcement ("federal adoptions"), but with certain additional safeguards.
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During this year's annual Tony awards recognizing Broadway theater, Whoopi Goldberg took to the stage to announce that the musical revival of Falsettos would be hitting movie theaters nationwide in July. Falsettos, which played at Lincoln Center Theater in New York, was nominated for five Tonys, but a deal had been negotiated long before the June 11 awards broadcast to make the stage production into a piece of event cinema.
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The law firm business model of the past is under attack. Slowly, private legal is responding with things like developing knowledge management systems, establishing jobs for data analysts who can establish pricing of services and beginning to look at ways to outline workflows and processes. Unfortunately, corporate clients are impatient and are beginning to push harder for improved efficiency and increased speed of service delivery.
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<b><i>Is Your Firm Truly Prepared?</b></i><p>Cyber attacks and theft are on the rise around the country, and law firms are becoming prime targets. Similar to healthcare providers, a law firm's data can be the gold standard. Unlike manufacturers, banks and retailers, law firms are unique organizations that result in them being highly vulnerable.
